Fortune Rise Acquisition (Fortune Rise Acquisition) Pre-Tax Income : $-0.96 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Fortune Rise Acquisition Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Fortune Rise Acquisition's pretax income for the three months ended in Mar. 2024 was $-0.49 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.96 Mil. Fortune Rise Acquisition's pretax margin was %.

Fortune Rise Acquisition Pre-Tax Income Historical Data

The historical data trend for Fortune Rise Acquisition's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortune Rise Acquisition Pre-Tax Income Chart

Fortune Rise Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Pre-Tax Income

0.31

0.15

Fortune Rise Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial								0.62	0.20	0.06	-0.74	-0.49

Competitive Comparison of Fortune Rise Acquisition's Pre-Tax Income

For the Shell Companies subindustry, Fortune Rise Acquisition's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortune Rise Acquisition's Pre-Tax Income Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's Pre-Tax Income falls into.

Fortune Rise Acquisition Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Fortune Rise Acquisition's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.198	+	0	+	0	+	2.343	+	-2.7755575615629E-17
	=	0.15

Fortune Rise Acquisition's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.487	+	0	+	0	+	0	+	0
	=	-0.49

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.96 Mil.

Fortune Rise Acquisition (NAS:FRLA) Pre-Tax Income Explanation

Fortune Rise Acquisition's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.487	/	0
	=	%

Fortune Rise Acquisition Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Fortune Rise Acquisition's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortune Rise Acquisition (Fortune Rise Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortune Rise Acquisition Corp (NAS:FRLA) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760

Website

Fortune Rise Acquisition Corp is a blank check company.

Executives

Ronald Jay Pollack	director	1862 MCCAULEY RD, CLEARWATER FL 33765
Ryan Spick	director	18034 N 134TH AVE, SUN CITY WEST AZ 85375
Philip Goodman	director	6 OAKWOOD DRIVE, SEWALL'S POINT FL 34996
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Richard Iler	officer: PEO and CFO	815 WALKER STREET, STE. 1155, HOUSTON TX 77002
Payam Eshraghian	director	20601 TROON LANE, HUNTINGTON BEACH CA 92646
Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	director, officer: Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021
Norman C Kristoff	director	C/O JAMES M. RAE, ESQ., 330 MADISON AVEUNE, 29TH FLOOR, NEW YORK NY 10017
Yuanmei Ma	officer: Chief Financial Officer	ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu	director, officer: President and Chairwoman	1818 LINDA VISTA CIR., FULLERTON CA 92831
Fortune Rise Sponsor Llc	10 percent owner	48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Koon Keung Chan	10 percent owner	48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840